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LillianFaderman
Rubber Hitting The Road On New Partnership Audit Regime

Rubber Hitting The Road On New Partnership Audit Regime

Originally published on Forbes.com. Partnership returns have a new election to consider this year.  Question 25 on Page 3 of Form 1065. Is the partnership electing out of the centralized partnership audit regime under section 6221(b)? You have had four years to be...
Hobby Loss Roundup And A New Law Of Tax Planning Announced

Hobby Loss Roundup And A New Law Of Tax Planning Announced

Get some Reilly’s Laws of Tax Planning Gear Originally published on Forbes.com. There has been a bit of hobby loss action, since the Tax Court decision in the case of James and Elaine Donoghue on June 11 which I covered here.  None of the decisions struck me as...
IRS Should Not Be Worrying About Do Not Call Registry

IRS Should Not Be Worrying About Do Not Call Registry

Originally published on Forbes.com. The Tax Court opinion of Judge Daniel Guy in the case of Giving Hearts, Inc. illustrates a waste of IRS resources and focus that is the result of our choice to have the wrong agency regulate not-for-profit organizations. If bad...

Law Degree Held Against Defendant In Tax Scam

Originally published on Forbes.com. Anthony Charles Dwight Box was at what I consider the end of the line in tax litigation – appealing his sentence from prison – when he heard from the Eleventh Circuit last month.  It was not good news.  The Circuit Court...